Egypt’s Financial Regulatory Authority has put forward proposals as part of a wider government package aimed at stimulating investment and encouraging more companies to list on the Egyptian exchanges. The package includes an agreed shift in the tax approach for trades in listed securities, moving from a capital gains tax to a stamp duty on transactions for both residents and non-residents. The proposals also cover changes to the tax treatment of different types of investment funds, including private equity funds, real estate funds and gold funds, to attract new investor categories. Alongside tax changes, amendments under discussion to the Capital Market Law include simplifying the operation of investment funds, introducing GP/LP fund models, and changing the legal structures of the Egyptian exchanges, as well as incentives to encourage eligible companies to list once the relevant requirements are set. The full set of proposed amendments to the tax law and the Capital Market Law is expected to be announced in July.
Egypt Financial Regulatory Authority 2025-06-04
Egypt Financial Regulatory Authority proposes replacing capital gains tax with stamp duty and revising tax treatment for investment funds
Egypt's Financial Regulatory Authority has proposed a package to boost investment and increase listings on Egyptian exchanges, including shifting from a capital gains tax to a stamp duty on securities transactions. The proposals also suggest tax changes for various investment funds and amendments to the Capital Market Law to simplify fund operations and introduce new fund models. Full details of the amendments are anticipated in July.